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Thread: The thing I don't get about the debt ceiling.

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    Default The thing I don't get about the debt ceiling.

    The thing I don't get is, it's like this, if you were working for a company and they told you to rent the local hotel banquet room for the company Christmas party and hire a band and caterer and etc.. And they give you a credit card with $100 on it and the party is gonna cost thousands. So you go back to your bosses for the proper amount of money and then they debate whether they want to pay or not. So you stand there thinking why the fuck did these people agree to an expensive party and now don't want to pay for it?!

    That's the thing I don't get about the debt ceiling debate. When a budget is debated and agreed on, why is that not an authorization to pay for it? Passing a budget is one thing, but paying for it is another? Why does Treasury Secretary Geitner have to plead for the money to pay the bills for a budget he had noting to do with? If you don't want to pay for something you shouldn't have agreed to it in the first place? It's BS! I don't get it.
    Last edited by Clement; 08-05-2011 at 09:43 PM. Reason: Fix mistake

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    Default Re: The thing I don't get about the debt ceiling.

    To answer your question, it's just a strange quirk of a law that was allowed to remain on the books. It was never ever an issue until Tea Party and conservative Republicans decided to use it as a tool to hold the entire country hostage. Scary times.

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    Default Re: The thing I don't get about the debt ceiling.

    Ohh this is interesting please continue.....

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